The number of U.S. cities where typical starter homes cost $1 million or more has nearly tripled since 2020, rising from 80 to a record 242. This surge reflects the lasting impact of the pandemic housing boom, driven by a decade-long shortage and low mortgage rates that pushed prices up sharply. California leads with the most such cities, but New York and New Jersey are seeing the fastest growth. Despite easing affordability pressures in some areas, high prices remain a challenge, especially in the Northeast where housing shortages persist and new construction lags. Buyers now break even on homeownership versus renting in about six years, an improvement from over eight years in late 2023, aided by more inventory and slower price growth.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
